Description

Restored to its historic grandeur. Hardwood floors and 12" hand-carved wood baseboards and trim throughout. Commercial Kitchen. Commercial fire alarm system (monitored) & emergency lighting. Zoned C1 (bank, school, offices, spas, restaurants, hotel, club, retail, etc.) and residential. Perfect for a group of professionals looking to capitalize on town's exponential growth and need for medical services (town has only one medical clinic with a waiting list of over TWO YEARS! This property is also perfect for a private school or tutoring centre as it has 12+ rooms and this town has seen an increase in children and a need for a school. House has a separate structure with electricity, track lighting, heating and high ceiling, which can be transformed into a studio, workshop or garage, This property increases in value every year and projected commercial property values in this town see this property hitting the million dollar mark in a few short years. Mount Albert growing exponentially each year. Next hot town. MUST BE SEEN!

Details

View: Town

Listing status:Active

Available from: Dec 31, 2014

Listing #: 6715

MLS#: N2902379

Floor: 3 / 3

Lot size: 74 ft. x 131 ft.

Construction type: Masonry

Parking: 8 Cars

Parking type: Garage detached

Heating System: Radiant

Fireplace: Gas

Utilities

Broadband Internet

District heating

Electricity

Gas

Hot water

Sewer

Telephone

Trash

TV Cable

Water

General facilities

Attic

Balcony

Basement

Conservatory (greenhouse)

Disabled access

Mother-in-law apartment

Security system

Indoor facilities

Bathroom with shower

Bathroom with tub

Bathroom with window

Dishwasher

Fitted kitchen

Furnished

Washing machine

Wood flooring

Outdoor facilities

Barbecue area

Courtyard

Garden

Terrace

Energy efficiency

More efficient

A ( 92 - 100 )

B ( 81 - 91 )

C ( 69 - 80 )

D ( 55 - 68 )

E ( 39 - 54 )

F ( 21 - 38 )

G ( 1 - 20 )

Less efficient

High efficiency furnace heats water throughout house. Ideal for people with allergies as there is no forced air. Separate backhouse/workshop/garage is enclosed with electric heat and track lighting.

Directions

Town situated on Hwy. 48 minutes north of the Greater Toronto Area. Location is enroute to Ontario Cottage country and gets heavy traffic. Steps to public transit. Walking distance to parks, nature reserves, forests. 10 minutes to Hwy. 404 (Don Valley Pkwy). Be in downtown Toronto in 1 hr. or less depending on traffic. 15 min. to GO Train station.

Neighborhood

5000 sq.ft, parking & separate heated building. Close to shops, schools, libraries, restaurants, public transit, etc. Custom built by Stone Masons and famous architect for prominent Dr. Forrest in 1845-50, who operated a medical practice, including surgery and onsite pharmacy. Solid condition. Many upgrades. Owner occupied for 10 years who restored property to its original grandeur. Hardwood floors and 12" hand-carved wood baseboards & trim throughout, original pristine stained glass. Commercial Kitchen. Zoned C1 % residential. 14 rooms. Live where you work. Perfect for professional(s) looking to capitalize on town's exponential growth and need for medical services (town has only one medical clinic with a 2+ waiting list! Ideal for private schools, spas, hotel, offices, etc. Town's population has doubled in last 10 years and continues to grow. Large family base with young children. Separate building has own electricity, lighting and heating, which can be used as studio, workshop, storage, workout room, heated garage, etc. Property increases in value each year (25K-30K). Appraised at 750K 3 years ago, many improvements since then. Savvy investor can modify the home to their own commercial needs which can be written off. MUST BE SEEN!